8 ways tech companies can solve the problem of STEM skills shortage

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Working in tech and having STEM skills go hand in hand. And with the rapid developments in technology, STEM skills are going to be more valuable than before. However, there are still many challenges that companies face when hiring employees with STEM skills.

It can be difficult for tech companies to find candidates who are both skilled and passionate in STEM. As a result, tech companies need to find ways to help fill their talent gaps in STEM fields. Here’s are some ways tech companies can alleviate STEM skills shortage:

  1. Encourage Students to Pursue Careers in STEM.

If you’re looking to hire people who have STEM skills, you should start by encouraging students to consider studying these subjects in school. Promoting STEM education is a great way to ensure that the younger generation is exposed to the different career options available in the industry. When tech companies do their part in promoting STEM, students will likely grow up knowing what kind of jobs are out there and what kind of STEM skills they’ll need to succeed.

  1. Provide funding for STEM programs and degrees.

Providing funding to schools that offer STEM degrees is one way that tech companies can support students’ interest in pursuing careers in these areas. This helps increase enrollment in STEM-focused courses and gives students the opportunity to learn from experts in the field. Oftentimes, a lack of funding in schools leads to lower participation rates. If tech companies have the money to support the training of teachers as well as students, then they could potentially alleviate the problem of STEM skills shortage. 

  1. Offer Internships in STEM Fields.

Tech companies can also play an important role in alleviating the problem of STEM skills shortages by offering internship opportunities in STEM fields. These internships allow companies to expose students to real-life situations and see if they enjoy working in the field. Learning doesn’t stop within the four walls of classrooms. It continues beyond college and into workplaces. By offering opportunities for students to experience what it’s really like to work in the industry, tech companies may see an increase in STEM-skilled applicants.

  1. Provide Additional Training for Employees.

Employees are usually looking for more ways to grow professionally. If tech companies provide additional training for their current workforce, then they may attract more personnel with STEM skills. There are plenty of online learning platforms that teach people how to use software, manage data, design websites, develop apps, and more. For example, STEM online courses offer flexibility for busy individuals and help them gain knowledge on topics they might otherwise miss.

  1. Increase Visibility for STEM Majors.

To increase visibility and awareness for STEM majors, tech companies can conduct outreach events, such as expos, conferences, or hackathons. These types of activities highlight the importance of STEM and encourage young people to pursue careers in the area. Companies can also sponsor community groups that promote STEM education and inspire youth to become interested in the subject.

  1. Create Programs That Support Women in STEM.

Career paths in STEM are usually male-dominated fields, making women less likely than men to pursue these occupations. This leads to lower participation rates among women in STEM fields. As a result, the number of people with STEM skills grows smaller over time. Tech companies can combat the gender gap by providing more incentives for women to study STEM. Whether it’s through providing scholarships, mentoring, and boot camps, it’s possible to make careers in the tech sector more appealing to women.

  1. Expand the Search for Candidates.

STEM isn’t just about science and math; it’s about critical thinking, creativity, and problem-solving. In order to find qualified candidates, tech companies often look outside of traditional job markets as well.  Candidates and individuals from other industries who have shown interest in STEM fields can be considered for positions too. Tech companies should be eager to expand their search for talent, as it can help them find qualified employees with excellent STEM skills.

  1. Look at the STEM Gap With Positivity

It’s common for hiring managers in tech companies to think about the STEM gap negatively — when in reality, it’s something that can be turned around positively. Tech companies can look at the STEM gap as a chance to promote diversity and inclusion in the workplace. You don’t know when the next great idea will come from someone who was previously overlooked. 

STEM is a field that encourages everyone to participate. The industry needs all types of minds: those who are analytical, creative, and innovative. When you embrace diversity and inclusion, you’ll be able to tap into the talents of different individuals and find the perfect addition to your company.

Conclusion

A shortage in STEM skills means that there are not enough people to fill available jobs. However, if tech companies take steps to improve STEM skillsets within their own workforce, they can create opportunities for talented workers to join the industry. 

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